Pollution reduction services in Bath worth £1.5bn

20th January 2020

Bath and North East Somerset Council is launching a framework to address pollution levels. This framework is valued at £1.5 billion.

 

The government has instructed Bath and North East Somerset Council (B&NES, the Council) to reduce levels of nitrogen dioxide (NO2) in the air by 2021 at the latest and is providing the funds to achieve this objective. The Council’s preferred option to achieve these improvements is a Class C Charging Clean Air Zone (CAZ). This will see charges imposed for all higher emission vehicles, except private cars, driving in the centre of Bath from late 2020. As part of the CAZ implementation, the Council has announced plans to provide support for those businesses and individuals likely to be charged. One of the key parts of that support package is the Financial Assistance Scheme (the Scheme).

 

The Council invites asset and motor finance companies to tender for the administration of the Scheme.

 

The framework is split into the following lots:

  • Lot 1: Independent/Corporate Finance Companies
  • Lot 2: Bank Owned Asset Finance Companies
  • Lot 3: Captive Finance Companies
  • Lot 4: Specialist Finance Companies

Each of these lots is valued at £375 million and have a duration of 15 years.

 

the deadline for the submission of tenders is 21 February.

 

   

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